Hall Of Fame

Capital markets in Philippines

Angara Abello Concepcion Regala & Cruz Law Offices (ACCRALaw)

Angara Abello Concepcion Regala & Cruz Law Offices (ACCRALaw)‘s group has a strong reputation for its capabilities in handling complex IPOs, follow-on offerings and dollar dominated equity issues; in addition to its transactional expertise, the team is well-equipped to advise on the regulatory side. Judy Hao oversees the team and Everlene O. Lee has experience in assisting with capital markets and securities transactions as well as high-profile offerings and listings. Lee is considered a ‘key individual’ in the team by clients, as are Elaine Patricia S. Reyes-Rodolfo and Dan Bernard S. Sabilala. Francisco Lim is also a notable figure within the practice.

Responsables de la pratique:

Judy Hao


Autres avocats clés:

Elaine Patricia S. Reyes-Rodolfo; Everlene O. Lee; Dan Bernard S. Sabilala; Celerina Rose D. Fajardo-Nacin; Francisco Lim


Les références

‘ACCRA has been there for generations and has proven their expertise in capital markets.’

‘Elaine Patricia S. Reyes-Rodolfo, Everlene O. Lee and Dan Bernard S. Sabilala have been key individuals who have helped us finish our transactions seamlessly.’

Principaux clients

UBS AG


China Bank Capital Corporation


First Metro Investment Corporation


RCBC Capital Corporation


Philippine Commercial Capital, Inc.


Standard Chartered Bank


Century Properties Group, Inc.


BPI Capital Corporation


ING Bank N.V.


SB Capital Investment Corporation


Principaux dossiers


  • Advised the joint lead underwriters, First Metro Investment Corporation and RCBC Capital Corporation, in connection with the initial public offering of Upson.
  • Advised the joint lead bookrunners and managers headed by UBS AG and BDO Capital in the IPO of Citicore Renewable Energy Corp.
  • Advised the sole global coordinator, UBS AG, in the dollar notes issued by DDPC Worldwide Pte Ltd.

Martinez Vergara & Gonzalez Sociedad

Martinez Vergara & Gonzalez Sociedad's team is well-placed to assist with public offerings and the array of issues therein, from implementation to listing on the Philippine stock exchange. With expertise in handling cross-border transactional matters, Manuel Z. Gonzalez leads the team alongside Gwyneth S. Ong, who is particularly well-equipped to advise on regulatory compliance and due diligence work in particular. Mark Vergara often handles the full range of project finance matters for clients ranging from private and government banks to local and foreign financial institutions. Janice Co is also noteworthy.

Responsables de la pratique:

Manuel Z. Gonzalez; Gwyneth S. Ong


Autres avocats clés:

Mark Vergara; Janice Co


Principaux clients

Steniel Manufacturing Corporation


Crown Equities, Inc.


Principaux dossiers


  • Assisted Steniel Manufacturing Corporation in its various initiatives aimed to comply with the requirements of the Philippine Stock Exchange for the lifting of its trading suspension.

Quisumbing Torres

The practice at Quisumbing Torres has experience assisting its diverse roster of clients with domestic and international matters, including equity and debt transactions, public M&A and corporate governance matters, securities-related issues and business restructurings and reorganisations. The group is particularly adept at advising financial institutions, which is Dennis Quintero's are of focus. Lesley Mondez specialises in handling life sciences and healthcare-related mandates. Alain Charles Veloso has experience advising on the regulatory, due diligence and transactional aspects of complex financial matters, and oversees the team alongside Maria Christina Macasaet-Acaban.

Responsables de la pratique:

Alain Charles Veloso; Maria Christina Macasaet-Acaban


Autres avocats clés:

Dennis Quintero; Ramon Miguel Bacani; Lesley Mondez


Principaux clients

Allianz


Universal Entertainment Corporation


Prudential Corporation Asia


Manulife Philippines


KPMG AZSA LLC


Principaux dossiers


  • Assisted a leading online design and visual communication platform in connection with its application for securities registration exemption with the SEC in relation to its corporate reorganization and share swap.
  • Assisted an industrial manufacturing company in its capital restructuring application with the Securities and Exchange Commission (SEC) and Philippine Stock Exchange (PSE) to enable the company to re-list its shares with the SEC and PSE for trading.

Serrano Law

Serrano Law's group is praised by clients for providing ‘sound, creative and meaningful legal solutions’. The team is well-placed to advise on all stages of significant transactions of high-value, from the documentation and compliance aspects, to the closing of deals. Complex bond issuances and securities matters are areas of expertise of Phil Ivan Chan and Tephanie Gandia. Elmer B. Serrano oversees the practice and alongside Chan is highly regarded for his ‘exemplary performance and outstanding qualities’. 

Responsables de la pratique:

Elmer B. Serrano


Autres avocats clés:

Phil Ivan Chan; Tephanie Gandia; Jesse John Hermoso; Melissa Jean Hipolito


Les références

‘Serrano Law acted as the counsel on largest single bond issuance from the private sector. The firm advised on the regulatory compliance, documentation, and closing of the deal.’

‘Elmer B. Serrano and Phil Ivan Chan provided timely and practical advice on the regulatory requirements and disclosure obligations of our case.’

‘We have engaged Serrano Law for two decades already as our legal counsel. They have a deep understanding of our various businesses including commercial banking, investment banking, life insurance and insurance brokerage, finance and leasing, securities brokerage etc. and as such have been able to provide us with sound, creative and meaningful legal solutions that will meet both our and our counterparty’s objectives and will comply with regulatory requirements.’

SyCip Salazar Hernandez & Gatmaitan

Acquisition and project financing, securities listings and issuances, and corporate notes and refinancings are all areas of expertise for SyCip Salazar Hernandez & Gatmaitan‘s practice. The team has experience acting for foreign and local lenders and financial institutions, as well as borrowers and issuers. Philbert E. Varona helms the group and is experienced in handling transactional and regulatory work in relation to banking, finance and securities. Arlene M. Maneja and Franco Aristotle Larcina are both key practitioners who are considered ‘very professional and intelligent’ by clients. Joan Mae To-Conejos is also notable.

Responsables de la pratique:

Philbert E. Varona


Autres avocats clés:

Arlene M. Maneja; Franco Aristotle Larcina; Vicente Gerochi IV; Mark Xavier Oyales; Joan Mae To-Conejos; Aaron Roi B. Riturban; Melyjane G. Bertillo-Ancheta; Bhong Paulo A. Macasaet


Les références

‘SyCip Salazar Hernandes & Gatmaitan not only provides traditional legal services but helps the client explore more possibilities when the regulations are unclear and not straightforward.’

‘I worked with Arlene M. Maneja and Franco Aristotle Larcina. They are both very professional and intelligent. The compliance system in this team is very rigorous. Communication and repeated explanations of legal requirements can help the client get a full understanding of the business.’

‘Arlene and Franco will attend meetings with the government themselves to solve problems for clients.’

Principaux clients

Bank of the Philippine Islands


Asian Development Bank


SB Capital Investment Corporation


PNB Capital and Investment Corporation


UBS AG


Standard Chartered Bank


JP Morgan Chase Bank N.A.


Linklaters Singapore Ltd Ltd.


Bank of America


OceanaGold (Philippines), Inc.


China Bank Capital Corporation


ANZ Bank


Aboitiz Power Corporation


Frontier Tower Associates Philippines, Inc.


San Miguel Corporation


BDO Capital & Investment Corporation


Metro Pacific Investment Corporation


PH Global Jet Express, Inc.


Philippine Commercial Capital, Inc.


CLSA Exchange Capital, Inc.


Principaux dossiers


  • Acted as Philippine counsel to Southeast Asia’s largest fast delivery company on its listing on the Main Board of Hong Kong Stock Exchange and global offering, where it raised $451m by issuing shares at HK$12 apiece.
  • Acted as counsel to China Bank Capital Corporation along with Bank of Commerce, Philippine Commercial Capital, Inc., PNB Capital and Investment Corporation, and SB Capital and Investments Corporation, in their capacities as Joint Lead Underwriters and Joint Bookrunners for the shelf registration and the offer and sale by Petron Corporation.
  • Acted as legal counsel to China Bank Capital Corporation in the IPO of Repower Energy Development Corporation, the hydropower arm of Pure Energy Holdings Corporation.

Villaraza & Angangco (V&A Law)

Villaraza & Angangco (V&A Law)'s group handles the full gamut of matters relating to project financing, with its workload including finance-related documentation preparation, negotiation and implementation. Raoul R. Angangco, whose specialisms include corporate and M&A issues, heads up the practice with Sylvette Tankiang. Juanito L. Sañosa joined as a team co-lead alongside Angangco and Tangkiang in April 2024, and former co-lead Franchette M. Acosta departed to an in-house role in January 2024.

Responsables de la pratique:

Raoul R. Angangco; Sylvette Tankiang; Juanito L. Sañosa


Autres avocats clés:

Kristin Charisse C. Siao; Richard Henrick I. Beltran; Carlo Augustine A. Roman


Principaux clients

DITO Telecommunity Corporation


China Telecommunications Corporation


Kiangan Mini Hydro Corporation


Alternergy Mini Hydro Holdings, Corp.


Fountel Corporation


Felicitas Antoinette, Inc.


Getz Clinical Phils.


Boda Data Holding Limited


Principaux dossiers


  • Assisted Omnibus Loan and Security Agreement in relation to the financing of the project of DITO Telecommunity Corporation for the development, design, construction, and operation of its Network in the Philippines.
  • Acted as lead counsel for Fountel Corporation and its subsidiary, Felicitas Antoinette, Inc., assisting with projecting their financial interests relating to preparing documentation for the sale of its shares in a public healthcare company in the Philippines.

Gatmaytan Yap Patacsil Gutierrez & Protacio (C&G Law)

Gatmaytan Yap Patacsil Gutierrez & Protacio (C&G Law)'s team is well-regarded for advising on the regulatory aspects of share offering matters, IPOs and planned listings of significant value. Norma Margarita Patacsil has particular expertise in corporate, commercial and M&A work, and Andrea E. Katipunan-Leido is also a noteworthy practitioner.

Responsables de la pratique:

Norma Margarita Patacsil


Autres avocats clés:

Andrea E. Katipunan-Leido